Latest
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Energy & Commerce Draft Would Help Limit Medicaid Gaming
Read moreThe House Energy & Commerce (E&C) Committee recently released its proposed reconciliation legislation, which is expected to save over $900 billion...
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Ways & Means Draft Could Add $5 Trillion to Deficits
Read moreUpdate (5/10/2025): This piece was published prior to the Joint Committee on Taxation's revenue estimate , which totals $4.9 trillion for the bill as...
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New Site-Neutral Bill Introduced in Senate
Read moreSenator John Kennedy (R-LA) introduced the Same Care, Lower Cost Act this week, which would take significant steps toward implementing site-neutral...
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12-Month Rolling Deficit is $2.0 Trillion in April 2025
Read moreThe federal budget deficit totaled $2.0 trillion over the past 12 months based on estimates from the Congressional Budget Office (CBO). Due to...
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CBO Estimates Spending Up $166 billion in 2025
Read moreThe federal government spent $2.4 trillion from January through April 2025 – up $166 billion from January through April 2024, according to new...
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Options for Reducing Energy-Related Tax Breaks
Read moreUpdate: The offset options below were estimated prior to enactment of the One Big Beautiful Bill Act (OBBBA) and have not been updated. OBBBA phased...
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CRFB Reacts to Ongoing Reconciliation Deliberations
Read moreThirty-two Members of the House of Representatives sent a letter to House leadership today laying out their conditions for supporting a reconciliation...
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Reconciliation Could Increase Spending Under Senate Instructions
Read moreThe Fiscal Year (FY) 2025 concurrent budget resolution reconciliation instructions would allow the House to add up to $2.8 trillion to primary...
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Higher Treasury Yields Would Add Trillions to the Debt
Read moreThe 10-year Treasury yield today is approaching 4.4 percent, over 50 basis points above the intra-day low a month ago on April 7, more than twice as...
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Maya MacGuineas on Fox Business' "Mornings with Maria"
Read moreCommittee for a Responsible Federal Budget president Maya MacGuineas recently appeared on Fox Business’ “Mornings with Maria” live from the 2025...
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Ways & Means Has Plenty of Deficit Reduction Options
Read moreThe Ways and Means Committee has jurisdiction over nearly $50 trillion of spending and tax breaks that can be tapped for reconciliation, including...
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CRFB Statement on President Trump’s FY 2026 Discretionary Budget
Read moreThe Trump Administration released its “skinny budget” today, which details plans for discretionary spending for Fiscal Year (FY) 2026. The budget...